What are ‘exotic currencies’ and which ones does MiFinity support?

What are exotic currencies?

Exotic currencies are less commonly traded than major currencies like EUR, GBP, or USD.

These currencies may have lower liquidity or higher volatility, which can result in slightly higher foreign exchange (FX) fees when converting between currencies.

Why does this matter?

When you make a transaction involving one of these currencies:

• A higher FX markup may apply (up to 3.99%)
• You will always see the final exchange rate and total cost before confirming your transaction

This ensures you can make an informed decision before proceeding.

List of exotic currencies

The following currencies are classified as exotic currencies by MiFinity (this list is not exhaustive and may be updated):

Important notes

• This list is provided for guidance and may change over time
• Additional currencies may also be treated as exotic depending on the currency pair
• Exchange rates and fees are always shown before you confirm your transaction